The Palestinian Payment Services Company Signs a Memorandum of Understanding with the Jordanian Fintech Academy to Enhance Cooperation

Amman - Afaq News - Under the patronage of the Governor of the Central Bank of Jordan, Dr. Adel Sharkas, and in the presence of the Deputy Governor of the Central Bank of Jordan, Dr. Khaldoun Washah, the Palestinian Payment Services Company (PPSC) signed a memorandum of understanding with the Jordanian FinTech Academy - Banking Studies Institute, aimed at enhancing joint cooperation in the fields of financial technology, innovation, capacity building, and developing professional competencies in the digital payments and financial services sector.

The memorandum of understanding was signed on the sidelines of the Jordan FinTech Festival 2026, held on September 23 and 24 at the Dead Sea, which brings together institutions, experts, and specialists in the fields of financial technology, payments, innovation, and digital transformation, providing a platform for knowledge exchange, experiences, and exploring opportunities for cooperation and partnership among various institutions operating in the financial and technical sector.

This partnership comes as part of the Palestinian Payment Services Company's interest in developing the capabilities of its staff and enhancing their professional and technical expertise, in line with the rapid developments witnessed in the digital payments and financial technology sector, and supports the company's ability to continue developing and operating the national infrastructure for digital payments in Palestine.

For his part, Mr. Nader Salhi, the General Manager of the Palestinian Payment Services Company, confirmed that developing competencies and building capacities are among the important axes in continuing to develop the digital payments sector, pointing to the importance of benefiting from specialized expertise and professional programs that contribute to keeping pace with the technological and regulatory transformations in the sector.

Dr. Riyad Hindawi, Director of the Banking Studies Institute, emphasized the importance of the memorandum of understanding in enhancing regional cooperation and exchanging experiences in the fields of financial technology and capacity building.

According to the memorandum of understanding, the two parties will cooperate in designing and implementing specialized training programs in the fields of financial technology, artificial intelligence in the financial sector, blockchain, cybersecurity, digital payment systems and services, compliance and risk management, and data analysis in the financial sector. The memorandum also includes the implementation of capacity-building and professional development programs, including professional diplomas, international training programs, international professional certifications, short courses, workshops, and executive and administrative programs, providing opportunities to develop specialized skills and knowledge for the workforce in the digital payments and financial services sector.

The memorandum of understanding comes as part of the Palestinian Payment Services Company's direction to enhance partnerships and exchange experiences with institutions specialized in financial technology and professional development, and to benefit from regional and international expertise in areas related to digital payments, supporting the company's efforts to develop competencies and enhance the readiness of its workforce to keep pace with the future of the payments sector.